Ladybug Resource Group Acquires Growhouse Nutraceuticals Ltd.
October 3, 2023
Ladybug Resource Group, Inc. (OTC PINK: LBRG) announced the acquisition of Growhouse Nutraceuticals Ltd., a sports nutrition and nutraceutical supplements company. Growhouse reported $2.7 million in revenue for the year ended December 31, 2022 and $2.4 million in revenue growth through July 30, 2023; Ladybug said the acquisition will leverage Growhouse's products, MACH scaling architecture, and customer retention capabilities to drive revenue growth for shareholders.
- Buyers
- Ladybug Resource Group, Inc.
- Targets
- Growhouse Nutraceuticals Ltd.
- Industry
- Consumer Products
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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